at best, but one thing is for certain, people are way too gun-shy to use it. google powered through today. so many wish they were in google. it's the score of a lifetime, but when this terrific search-and-destroy the competition juggernaut fell last year after reporting a miss and gave uncertain guidance, did you use that pullback to buy, or did that move scare the wits out of you? did you use the further pullback another 50 points to put money to work in google? or was that sell-off another one you had to avoid even as you might have been waiting for another leg down? you're waiting for a further pullback. i think the answer is the pullback was wasted on many. it seems like the great growth days were behind them. there were more moving parts where the cost of acquisition continued spending on uncertain products, all you had in retrospect was the pullback you needed. the one that might have been waiting for, at least making matters worse, second pullback created what could have been a nasty-looking head and shoulders pattern. as the technical signal a mountainous top if they didn't hold.